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Mar 19, 2013
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global markets were spooked busy bruise planning to tax investors. >>> "wall street journal" says fbi investigation over possible bribery of chinese officials is unfounded. officials say despite the paper's finding the federal case is open. the bribery allegations are tied to a larger phone hacking scandal that's plagued rupert murdoch which includes dow jones. >>> lululemon toppled after news of a shortage of their yoga pants. a shipment of their trademark fabric made the pants overly sheer. >>> new research finds 57% of u.s. workers have less than $25,000 saved for retirement. five years ago only 49% admitted having so little saved. >> so much for those likes. a new study by coca-cola shows it has no measurable impact on short term sales. >>> click away while you can. "the washington post" is set to start charging for additional content this summer. >> when is a station wagon super cool? when it's a corvette. there's an aerowagon concept returning the 2014 stingray into a hatch back. >>> americans by the millions are filling out their ncaa basketball brackets. and just so you can so
global markets were spooked busy bruise planning to tax investors. >>> "wall street journal" says fbi investigation over possible bribery of chinese officials is unfounded. officials say despite the paper's finding the federal case is open. the bribery allegations are tied to a larger phone hacking scandal that's plagued rupert murdoch which includes dow jones. >>> lululemon toppled after news of a shortage of their yoga pants. a shipment of their trademark fabric...
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Mar 20, 2013
03/13
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KRON
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hotel tax?s for 350 of those with the nfl will be waived. two tax surcharges that would go to funding the new stadium are also waived among other things. the mayor says money will be made back from filling hotels and also private donors. some that i talked with this evening are still not happy with the city?s decision. santa clara is competing with miami for the 2016 super bowl. miami however chose not to give in to these requests made by the nfl. mayor matthews believes this move puts santa clara in a prime position to get the big game. while there was lots of super bowl talk tonight keep in mind the nfl won?t make their decision on a location until late may. reporting in santa clara j.r. stone kron 4 news. now to a developing story in san jose. police are looking for a gunman who they say shot a man in an apparent drive-by shooting. the victim is hospitalized tonight. it happened near fisher middle school on hopkins drive. police say the victim -- between 18 and 20 years old was standing on the sidewalk when a light-colored s-u-v drove by
hotel tax?s for 350 of those with the nfl will be waived. two tax surcharges that would go to funding the new stadium are also waived among other things. the mayor says money will be made back from filling hotels and also private donors. some that i talked with this evening are still not happy with the city?s decision. santa clara is competing with miami for the 2016 super bowl. miami however chose not to give in to these requests made by the nfl. mayor matthews believes this move puts santa...
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Mar 21, 2013
03/13
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they paid themselves up to $100,000 a year by raising taxes and fees in a small city where one in four people live below the poverty line. the scheme included the creation of a nonfunctional agency that paid each of them $13,000 a year. a sixth defendant was cleared. the jury continues to deliberate on some charges. >>> in colorado police are searching for a dark-colored boxy car that may be connected to the killing of the head of colorado's corrections department. tom clements was shot and killed in his home in the town of monument last night. authorities say witnesses saw a car fitting that description leaving the scene about 8:30 p.m. police say the 58-year-old heard a knock at his door and when he answered it he was shot and killed. the governor appointed clements back in 2011. >>> colorado's governor signed three landmark gun bills. the bills require background checks for private and online gun sales. they also ban ammunition magazines that hold more than 15 rounds. >> signed today several bills that materially make our state safer in the long run and allow us to begin to address
they paid themselves up to $100,000 a year by raising taxes and fees in a small city where one in four people live below the poverty line. the scheme included the creation of a nonfunctional agency that paid each of them $13,000 a year. a sixth defendant was cleared. the jury continues to deliberate on some charges. >>> in colorado police are searching for a dark-colored boxy car that may be connected to the killing of the head of colorado's corrections department. tom clements was...
SFGTV: San Francisco Government Television
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Mar 18, 2013
03/13
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their property taxes by 2 or 300 percent. i don't feel that many of us can withstand all the expense and i think a lot of this we'll have to give up our properties. we will buy something somewhere else. i don't know how that will impact the economic situation in san francisco, but we just can't do it. we are still paying the same maintenance, city tax on water and garbage and although our buildings are worth more until we die. >> thank you very much, next speaker. >> supervisors, thank you very much. i'm a private consulting structural engineer in san francisco. i'm here to speak in behalf on the cap ordinance and seismic safety program being proposed. i commend the supervisors and mayor who have propose td program. i think it is vital as a past member and president of the san francisco commission, i know how hard it was to get this program started, implemented and going. i'm fully in support of this. i hope i speak for the rest of my peers in the engineering community. this is vital and should be pass as soon as possible. we
their property taxes by 2 or 300 percent. i don't feel that many of us can withstand all the expense and i think a lot of this we'll have to give up our properties. we will buy something somewhere else. i don't know how that will impact the economic situation in san francisco, but we just can't do it. we are still paying the same maintenance, city tax on water and garbage and although our buildings are worth more until we die. >> thank you very much, next speaker. >> supervisors,...
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. >> you have tax questions we have tax answers. here is a number to dial. 7 on your side call in is now. >> thank you, later tonight video a couple guys put together that attach cameras you ca8tgñxtes0p0p >>> a food fight is back tonight the board is hearing objections to a truck that wants to narc front of a restaurant. abc 7 news joins frus the newsroom with latest on a dispute between mobile food trucks and downtown restaurants. mark? >> i first reportedthon fight last year. it's december. after downtown cafes complained food strucks had been eating into their business. there are objections to a coffee truck. they operate in an alley near fremont. the owner declined to talk with us. we know from permits he'd like to move to a more visibility location across the street from star buck autos you ask restaurants that are in this area what is the biggest part of the sfwhis coffee. >> the policy director says it's just the latest in food trucks invading downtown. traik trucks operating on permits from public works department. >> gut
. >> you have tax questions we have tax answers. here is a number to dial. 7 on your side call in is now. >> thank you, later tonight video a couple guys put together that attach cameras you ca8tgñxtes0p0p >>> a food fight is back tonight the board is hearing objections to a truck that wants to narc front of a restaurant. abc 7 news joins frus the newsroom with latest on a dispute between mobile food trucks and downtown restaurants. mark? >> i first reportedthon...
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. >> reporter: this old copy of the declaration of independence cost $2.48 plus tax at a thrift store. turned out to be uber old and sold at auction for nearly half a million. >> and look for something chinese? >> yes. >> chinese is one of the hardest fields to appraise. >> reporter: even experts don't always know the chinese gems from the junk. upping the odds of a masterpiece with a $3 price tag. >> always buy what appeals to you and you will never go wrong. >> reporter: back to my little cup. >> certainly before 1872. >> reporter: really? it's old, it's chinese, and i like it, but -- >> the reality, you'll probably get no more than five to $10 for it. >> reporter: proving luck really is the key. so i'm not quitting my job. see you tomorrow. nick watt, abc news, los angeles. >> see you tomorrow, which means it's lucky for us, nick. we thank you for watching. hope to see you tomorrow as well. we're always there at abcnews.com. and "nightline" at its new time tonight, 12:35 a.m. eastern. again, right back here again tomorrow night. goodnight. see you then. >>> tonight what you can get
. >> reporter: this old copy of the declaration of independence cost $2.48 plus tax at a thrift store. turned out to be uber old and sold at auction for nearly half a million. >> and look for something chinese? >> yes. >> chinese is one of the hardest fields to appraise. >> reporter: even experts don't always know the chinese gems from the junk. upping the odds of a masterpiece with a $3 price tag. >> always buy what appeals to you and you will never go...
SFGTV: San Francisco Government Television
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Mar 13, 2013
03/13
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, so you have parking tax and property tax are the ones, so mta receives 80% of parking tax in lieu, and what that means is that the parking tax comes into the general fund and we give mta general fund money in the same dollar amount, so that amounts to 61 million dollars, similarly with the library, 2.5% of property tax, this is an additional 37 million, open space, 37 million, the children's fund of 44.7 million, the municipal symphony, 2 million, and then the hotel tax as we discussed earlier, 88 million that is then budgeted, 56 million of that is budgeted in the general fund. >> so, the open space fund is getting an additional 37 million this year, yes, this year? >> it is getting 37 million, it is not an additional, each year, it gets the percentage of property tax, 2.5% of property tax, so as property tax grows, the open space fund is lucky enough to grow with our largest growing general fund tax. >> got it. supervisor avalos? >> just a question on that, so we have the open space property tax set aside, 2.5% at 37.3 million, is there anything that protects overall funding with
, so you have parking tax and property tax are the ones, so mta receives 80% of parking tax in lieu, and what that means is that the parking tax comes into the general fund and we give mta general fund money in the same dollar amount, so that amounts to 61 million dollars, similarly with the library, 2.5% of property tax, this is an additional 37 million, open space, 37 million, the children's fund of 44.7 million, the municipal symphony, 2 million, and then the hotel tax as we discussed...
SFGTV: San Francisco Government Television
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Mar 21, 2013
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to have my taxes raise today do this. it went up a lot. >> thank you. i will be asking about dbi and make sure we are being coordinated on this. next speaker. >> mr. chairman, representative of the committee, i'm with the association of realtors. we support the ordinance and in particular we have been very pleased with the progress we have been making with the city staff and sponsors and authors of this legislation for one amendment that we have requested and that is to require disclosure at the time of sale. we have crafted the amendments submitted them to mr. leaney and he's committed to work with us and craft that legislation and insert it in the appropriate time as soon as possible. this will help facilitate the intent and direction of the ordinance as well as a shorter greater compliance at the time of sales. thank you very much. >> thank you very much. would that be trailing legislation? no. great. thank you, next speaker. >> good afternoon, my name is george -- i'm a native san san francisco, it's the kind of thing
to have my taxes raise today do this. it went up a lot. >> thank you. i will be asking about dbi and make sure we are being coordinated on this. next speaker. >> mr. chairman, representative of the committee, i'm with the association of realtors. we support the ordinance and in particular we have been very pleased with the progress we have been making with the city staff and sponsors and authors of this legislation for one amendment that we have requested and that is to require...
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Mar 20, 2013
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as part of the measure, hotel taxes and those with the nfl will be waived as well as to tax surcharges that would go to funding the new stadium. while santa clara's mayor said the money will been made back from the private donors and from filling the hotels, some community member say that they are still not happy with the city's decision. >> santa clara is a competing with miami for the 2016 super bowl. miami however, chose not to give in to these requests that were made by the nfl. santa clara's mayor believes that the move puts the city in a prime position to get the big game. the nfl is not expected to make their decision on a location until late may. >> we will be right back. [ teen ] times are good, aren't they, kids? it's nice having u-verse, isn't it? see back in my day, we didn't have these newfangled wireless receivers. fangled? no, we watched march madness in the living room... that's where the tv outlet was. what is he talking about? and if mom was hosting her book club that day, guess what...you missed it! we couldn't just move the tv all willy-nilly all over the house. ohh
as part of the measure, hotel taxes and those with the nfl will be waived as well as to tax surcharges that would go to funding the new stadium. while santa clara's mayor said the money will been made back from the private donors and from filling the hotels, some community member say that they are still not happy with the city's decision. >> santa clara is a competing with miami for the 2016 super bowl. miami however, chose not to give in to these requests that were made by the nfl. santa...
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Mar 19, 2013
03/13
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in addition legislators received $30,000 in tax free per diem payments. the governor made less than 6 others around the country. he earned $173,000. the governor of pennsylvania was the highst paid in the nation earning just over $183,000. >>> authorities in contra costa county identified a victim of a fiery accident on the freeway. he was a 31-year-old from walnut creek he died yesterday, north of danville after his motorcycle hit a car. he was involved in a race with several other cars including a nissan 380z that hit the embankment and burst into flames the driver was hospitalized with serious injuries. >>> the man shot and killed at a richmond bart station last thursday has been identified. 34-year-old raymond harris of san pablo. police found him on the station stairs of 19th street and mcdonald avenue. witnesses heard a number of shots at this point no one has been arrested. >>> fans of lululemon swear by the shaping benefits of the yoga pants but some may be showing off more than they intend to. they have stopped shipment of some of their pants dee
in addition legislators received $30,000 in tax free per diem payments. the governor made less than 6 others around the country. he earned $173,000. the governor of pennsylvania was the highst paid in the nation earning just over $183,000. >>> authorities in contra costa county identified a victim of a fiery accident on the freeway. he was a 31-year-old from walnut creek he died yesterday, north of danville after his motorcycle hit a car. he was involved in a race with several other...
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Mar 19, 2013
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cbs news reporter on the tax plan that emptied out the atm's. >> there is growing anger. hundreds gathered in the streets to protest their bank accounts. they were trying to pull their money out. and that the banks will shut down at least until thursday as they are waiting for the banks to reopen. >> it is our time to draw all that money. we can't trust them anymore. yeah, it's sick. >> reporter: the secret administrators met on monday to discuss a plan. the government wants to take money from their citizens to help with the troubled financial system in the country. lawmakers are expected tvote on the package on tuesday. the proposal to take money directly from peoples accounts have never been done before. markets around the world fell up here in london, but opened up with a triple drop. >> it sort of goes with the primal fear of people that will protect their nest egg for the future. and that it will disappear. >> reporter: it is leading to their demonstrations across the country as they popped the bulldozer outside the bank in protest. and the level of anger is only exp
cbs news reporter on the tax plan that emptied out the atm's. >> there is growing anger. hundreds gathered in the streets to protest their bank accounts. they were trying to pull their money out. and that the banks will shut down at least until thursday as they are waiting for the banks to reopen. >> it is our time to draw all that money. we can't trust them anymore. yeah, it's sick. >> reporter: the secret administrators met on monday to discuss a plan. the government wants...
SFGTV: San Francisco Government Television
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Mar 15, 2013
03/13
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which is our largest overall local revenue source, though business taxes and our hotel and sales taxes are as growing over that time period. this slide highlights for you wla the projected growth rates are in the plan, so you can see, you know, stronger growth rates in the early first two years and more moderate projections in the subsequent years. on the expenditure side, our -- the city's expenditures are projected to increase by 1.1 billion dollars over the five year period, that's about 25% growth, and the largest share of that is our salary and fringe benefit costs which are growing we're projecting 460 million dollars, there are a number of citywide cost increase that is are assumed in this plan, things like fully funding our capital plan, our it plan and equipment costs, the plan also assumes that we fully fund inflation on grants as well as other non-personnel services, so that's all the contracts, grants, and other types of expenditures that are not staff costs. >> supervisor breed? >> yes, can you please explain what you mean by fully fund capital plan? >> happy to answer tha
which is our largest overall local revenue source, though business taxes and our hotel and sales taxes are as growing over that time period. this slide highlights for you wla the projected growth rates are in the plan, so you can see, you know, stronger growth rates in the early first two years and more moderate projections in the subsequent years. on the expenditure side, our -- the city's expenditures are projected to increase by 1.1 billion dollars over the five year period, that's about 25%...
SFGTV: San Francisco Government Television
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Mar 18, 2013
03/13
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remembering correctly, supervisor, so i believe the last time that the city was able to fund the hotel tax allocations at the level that the code recommends was fiscal year 2007-2008, so it's been a number of years that we have deferred that or captured that growth for the general fund, and you're also correct to say that the fiscal 13-14 budget that was adopted last year assumes that the growth in the hotel tax benefits the general fund, so that's already been -- the board last year made a choice to utilize those hotel tax resources for the general fund rather than allowing for growth. >> just for a point of clarification around the hotel tax legislation, how is the general fund able to absorb that increase separately from what's required according to the legislation based on the cap of what art entities receive? i know that it's not to decrease or increase, i think it's either 5 or 10 percent and anything above that can be captured by the general fund and so i'm trying to understand exactly how the general fund has been able to capture that without increasing those hotel tax recipients?
remembering correctly, supervisor, so i believe the last time that the city was able to fund the hotel tax allocations at the level that the code recommends was fiscal year 2007-2008, so it's been a number of years that we have deferred that or captured that growth for the general fund, and you're also correct to say that the fiscal 13-14 budget that was adopted last year assumes that the growth in the hotel tax benefits the general fund, so that's already been -- the board last year made a...
SFGTV: San Francisco Government Television
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Mar 21, 2013
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the taxes that the motorists would have been paying without the tax swap and the board of equalization approval. in fact, in many ways, the board of equalization approval is almost ministerial in effect and nobody knows what would happen if they had would rejected it. that has happened and the money generates 3.5 percent and the tax is an additional 3.5 cents per gallon which is 500 million a year and it is dedicated to local streets and roads and to the state, preservation program. additionally cap and trade continues to be a focus in the capitol. the cap and trade second round of options was conducted in february, and generated a goes total between the stationary source and utilities of about close to a quarter of a billion dollars and more than a quarter billion of dollars. the funds generated are returned to rate payers as rebates in the bills. and the funds derived from the stationary sources are the subject to an ongoing car. we will have a duty to come back in april with a proposed investment plan. there is a bit of a disconnect, the governor had presumed a billion dollars annua
the taxes that the motorists would have been paying without the tax swap and the board of equalization approval. in fact, in many ways, the board of equalization approval is almost ministerial in effect and nobody knows what would happen if they had would rejected it. that has happened and the money generates 3.5 percent and the tax is an additional 3.5 cents per gallon which is 500 million a year and it is dedicated to local streets and roads and to the state, preservation program....
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Mar 15, 2013
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they also want a parcel tax to voters. >> they ended up cutting all noncredit programs. especially the ones that students depend upon. >> today administrators plan to outline how they are dealing with all 14 accreditation deficiencies identified last summer. not all were fixed but college administrators do hope their report will persuade the commission it's enough to upgrade their probation status. allowing them to continue to receive state funds. a final decision is expected in june. >>> the san jose police department is getting ready to welcome new officers. more than 40 recruits will graduate from the san jose police academy. it's the first since 2009. it will be held at 1:00 this afternoon. ktvu has learned a former san francisco lab technician will plead guilty to a drug charge. that plea is expected in federal court this morning. the attorney for debra madden says a plea deal has been reached and madden will plead guilty to a simple charge of possession. madden was accused of stealing cocaine from a police station. >>> the one way loop into downtown is being put in
they also want a parcel tax to voters. >> they ended up cutting all noncredit programs. especially the ones that students depend upon. >> today administrators plan to outline how they are dealing with all 14 accreditation deficiencies identified last summer. not all were fixed but college administrators do hope their report will persuade the commission it's enough to upgrade their probation status. allowing them to continue to receive state funds. a final decision is expected in...
SFGTV: San Francisco Government Television
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Mar 15, 2013
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whether to take that recommendation and fund it or defer that funding and utilize growth in those hotel tax revenues to support the general fund. >> thank you. >> you're welcome. so, moving on the next strategy that the plan recommends is to limit our non-personnel inflation growth, so similar to what we were talking about with the hotel tax, the plan recommends that for both non-salary inflationary costs as well as non-profit colas or grant colas to grants, that in the first two years, the city should not fund inflationary increases in either of those categories but that in the subsequent years, modest increases should be provided. and so that's that one. and then this next one is really focused on one-time revenues in savings, so you'll see in the plan that we recommend reducing the reliance on these one-time sources just because it's not rel lie financially prudent to use one-time money to fund your ongoing cost, it's like getting a birthday gift from your grandmother and using it to pay your rent every month, it's not going to be there next month, so it's the more financially responsibl
whether to take that recommendation and fund it or defer that funding and utilize growth in those hotel tax revenues to support the general fund. >> thank you. >> you're welcome. so, moving on the next strategy that the plan recommends is to limit our non-personnel inflation growth, so similar to what we were talking about with the hotel tax, the plan recommends that for both non-salary inflationary costs as well as non-profit colas or grant colas to grants, that in the first two...
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the irs says it has with $917 million in unclaimed tax refunds from that year. it says that the 984,000 people have been submitted returns. a lot of the money works out to be more than $500 per person. time is running out to clean the catch, 2009 tax returns must be submitted by april 15th. if you miss that deadline, your money will be handed over to the u.s. treasury. >> live pictures of the floor of the new york stock >> live pictures of the floor of the new york stock ♪ you sig sned up weeks ago ♪ ♪ ♪ sun slight says get up and ♪ mountaunin-grown aroma cominmg through ♪ ♪ a n aew challenge waits for you ♪ ♪ ♪ jumpuin' in' to something ne ♪ ♪ ♪ you roueally llsee all you can do ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ th te best part of wakin' ♪♪ is ifolgers in your cup amon >> the dow jones industrial average has closed up 10 straight days. that is not happened since 1996. if it closes out for the 11th straight day that has not happened in 21 years. right now, dow futures are up just one point at of the opening bell. we'll be following nu
the irs says it has with $917 million in unclaimed tax refunds from that year. it says that the 984,000 people have been submitted returns. a lot of the money works out to be more than $500 per person. time is running out to clean the catch, 2009 tax returns must be submitted by april 15th. if you miss that deadline, your money will be handed over to the u.s. treasury. >> live pictures of the floor of the new york stock >> live pictures of the floor of the new york stock ♪ you sig...
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>>reporter: miami said they will not wave the tax. they will hear. the before they vote tonight. >>> the niners super bowl committee will deliver a plan in march. if the bay area loses out for super bowl l, it will go up against houston for super bowl li. final announcement is expected to be made may 22nd. >>> turning to the weather, we've been tracking a system, bringing rain to the bay area. let's take a look at it and see how it's starting to come in. this is new video. rosemary joins us now with more. >> earlier today, i want to show you right around 4:00 or 5:00, we began to see the light showers on storm tracker 2 and moderate to heavy rains slid around the peninsula. right now it's over the east bay and died down just a little bill. there's still good rain falling is long 880. if i put on the tracker, you can see anywhere from .32 fall an hour. this was along the peninsula and will continue to move east in the next half hour. we've got about a 24 hour win die where we will see off and on rain at times. i'll show you what the expect coming up .
>>reporter: miami said they will not wave the tax. they will hear. the before they vote tonight. >>> the niners super bowl committee will deliver a plan in march. if the bay area loses out for super bowl l, it will go up against houston for super bowl li. final announcement is expected to be made may 22nd. >>> turning to the weather, we've been tracking a system, bringing rain to the bay area. let's take a look at it and see how it's starting to come in. this is new...
SFGTV2: San Francisco Government Television
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Mar 19, 2013
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we do allow tax returns, projections. credit unions do not charge an additional loan or processing fee. processing time, on a small loan, -- consumer loans probably a few days. because we require a business plan, sometimes it takes longer. business plans take a while. especially bank statements. we need to see consistent income coming in. so far, a credit union delinquent rate is quite low because we are working with a client. we want to keep that low and as part of our mission. there is no application fee. if you are interested in an application or information, i have brochures, or you can give us a call. >> thank you. next is marked with wells fargo. >> hello, i work for wells fargo bank. i cover the northern california region. i usually focus on about $350 -- $350,000 of sbe loans. last year, for 2010, i did 43 loans. so we are lending. i usually focus on six different types of loans. start-ups, business acquisitions, real estate purchases with ti's, working capital, a partner buyouts, business expansion. when i am loo
we do allow tax returns, projections. credit unions do not charge an additional loan or processing fee. processing time, on a small loan, -- consumer loans probably a few days. because we require a business plan, sometimes it takes longer. business plans take a while. especially bank statements. we need to see consistent income coming in. so far, a credit union delinquent rate is quite low because we are working with a client. we want to keep that low and as part of our mission. there is no...
SFGTV2: San Francisco Government Television
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Mar 19, 2013
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we will actually looked beyond tax occurrence. that is one of the things we can do as a non-regulated lenders. we are able to look at cash- based businesses in some ways that would be difficult for a larger financial institutions. in terms of lending based on projections, we typically do not lie on -- rely on projections, but unless is a contract that has been awarded. we're really looking at what actually you already have in the household. in terms of credit, we want to see that your credit is currently in good standing, but a mix credit history is ok. that is another way we might differ from a more traditional lender. we want to see that currently, you have no unpaid tax liens, child support, or judgments. we have no automatic credits for cut off. we are more interested in the substance of a client and where they are today. if you have no credit within credit, we can work with that. a portly, and you will hear this from all small business leaders, and it is something to get in your head now, all of our loans are personally guara
we will actually looked beyond tax occurrence. that is one of the things we can do as a non-regulated lenders. we are able to look at cash- based businesses in some ways that would be difficult for a larger financial institutions. in terms of lending based on projections, we typically do not lie on -- rely on projections, but unless is a contract that has been awarded. we're really looking at what actually you already have in the household. in terms of credit, we want to see that your credit is...
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they've agreed to hotel and parking tax exemptions. the move is expected to cost the city hundreds of thousands of dollars. miami is vying for the super bowl but officials in south florida have refused to make the same move. >>> hewlett pack hard ceo says she's pleased with the progress that's been made. hp held its shareholder meeting today. 2013 is going to be a fix and rebuild year while she expects 2014 to be a period of recovery and expansion. also today shareholders voted in favor of the current board, despite some concern over recent missteps. >>> yahoo has bought a silicon valley startup. social recommendation website jybe was created in 2011 by ex- yahoo engineers and yahoo bought it to get back five former employees. it plans to shut jybe down. no word on the price tag. >>> marin is ranked the healthiest county in california. factors that range from low teen birthrate to high levels of recreational activity. years of programs to promote healthy outcomes are paying off. they say more needs to be done to address excessive alcoh
they've agreed to hotel and parking tax exemptions. the move is expected to cost the city hundreds of thousands of dollars. miami is vying for the super bowl but officials in south florida have refused to make the same move. >>> hewlett pack hard ceo says she's pleased with the progress that's been made. hp held its shareholder meeting today. 2013 is going to be a fix and rebuild year while she expects 2014 to be a period of recovery and expansion. also today shareholders voted in...
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Mar 21, 2013
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today a judge ruled that local officials were wrong last year to yank $30 million in tax funds from the team's new stadium. santa clara schools argue they needed the money. the judge ruled that voters and city officials had specifically ear marked the funds for a new stadium and an outside group had no legal right to take the money away. >>> a gloomy night after much needed rain. rain is not going to last too long. >> it is already starting to push off to the south. we are noting areas of drizzle off the san francisco peninsula and down to about palo alto where we can expect wet roadways from san jose to san francisco. can't rule out a bit of drizzle back for oakland. two things we are watching. the first one is colder weather as head into tonight and tomorrow morning. temperatures dropping to the 30s up into the north bay. and the other thing that we are monitoring is a weekend forecast. going to be changing. we will talk about the warm weather and how high the temperatures will go coming up in the full forecast. >>> estimated 9,000 people in san jose are affiliated with a gang and one
today a judge ruled that local officials were wrong last year to yank $30 million in tax funds from the team's new stadium. santa clara schools argue they needed the money. the judge ruled that voters and city officials had specifically ear marked the funds for a new stadium and an outside group had no legal right to take the money away. >>> a gloomy night after much needed rain. rain is not going to last too long. >> it is already starting to push off to the south. we are noting...
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Mar 21, 2013
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on all subjects that we do taxes on. including corporations and personal returns. >> the calls you've been receiving tonight who are you hearing from? big questions? >> big questions, most common one is do i need to file? a lot of people are disabled or receiving benefits. we have money coming in do we need to file a tax return? >> that is a great question. glad you're theer answer it for them. our staff is here tonight until 8:00 so give us a call. we're taking questions in spanish, canton ease, mand rin and english so give us a kault. -- call. >> great stuff. thank you very much. >> sandhya patel st standing by with some important information. >> finding rain around here on the first day of spring. >> yef. i'm just going to tell you know that the drizzle here and there is not just done. the forecast is not taxing. a lot of cloud cover around. you can see it's here. radar along with national weather service radar still watching spotty drizzle around santa cruz coastlines here and it's winding down. here is a view. we're
on all subjects that we do taxes on. including corporations and personal returns. >> the calls you've been receiving tonight who are you hearing from? big questions? >> big questions, most common one is do i need to file? a lot of people are disabled or receiving benefits. we have money coming in do we need to file a tax return? >> that is a great question. glad you're theer answer it for them. our staff is here tonight until 8:00 so give us a call. we're taking questions in...
SFGTV2: San Francisco Government Television
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Mar 19, 2013
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you will get a tax credit. if you need to make changes in the structure of your premises, there are also tax credits for that. most of these cases start with a letter. a demand letter. that is usually signed not by a lawyer, but by it up plaintive. the plaintiff may not be a professional plaintiff. that does not make any difference. the defense has been tried in court. is a civil rights statute. -- it is a civil rights statute. they can be a perfectly legitimate plaintiffs to bring a lawsuit, and there are a number of people who belong to disability organizations that actually, that is what their livelihood is, bringing these lawsuits. the gentleman over here, who was also a lawyer knows of at least one case involving two lawsuits. they started all neighborhoods. the target places like san francisco because this is an old city with old buildings, virtually none of which comply. we only have new construction that would be billed to 1988 compliance standards, usually. whatever kind of business you have, the build
you will get a tax credit. if you need to make changes in the structure of your premises, there are also tax credits for that. most of these cases start with a letter. a demand letter. that is usually signed not by a lawyer, but by it up plaintive. the plaintiff may not be a professional plaintiff. that does not make any difference. the defense has been tried in court. is a civil rights statute. -- it is a civil rights statute. they can be a perfectly legitimate plaintiffs to bring a lawsuit,...
SFGTV: San Francisco Government Television
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Mar 18, 2013
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and one last thing there was a mention before about property taxes and resasment. can you comment on that? this work because it's seismic workman dated bylaw is not subject to reassessment. they tend to put work in the permit. you might be doing a seismic upgrade and doing kitchen remodels and those types of work. one of the things important to us, not simplifying by the process and to help the tenant community because we heard their cost where they add on work. so there is language in our ordinance that actually says the work under the scope of the permit cannot include some of the ancillary work. shiite it should be very clear. >> thank you very much. >> any additional questions or comments? supervisor kim? >> i do just want to acknowledge as supervisor wiener and president chu did on all the work that was put into this legislation. i know several years of work and i do remember when we were campaigning in 2010 it was often a topic of debate. so i think it's really important that this is finally moving through. i have tremendous concern as many of public on many
and one last thing there was a mention before about property taxes and resasment. can you comment on that? this work because it's seismic workman dated bylaw is not subject to reassessment. they tend to put work in the permit. you might be doing a seismic upgrade and doing kitchen remodels and those types of work. one of the things important to us, not simplifying by the process and to help the tenant community because we heard their cost where they add on work. so there is language in our...
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Mar 19, 2013
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what about the pesky taxes and high costs of living? >> i don't feel like it is a straw that is breaking the camel's back. >> reporter: a financial adviser based out of san francisco who doesn't see many clients who avoid california because of taxes. he says people who move to california do so largely for the lifestyle and recoup the money by not having to travel for hiking and beach trips. >> what are you used to? if you are used to a lower cost structure someplace else it may be difficult to come here. the people of means can afford to live here and they say it is nice here. there is a reason i came to california or i want to stay in california. >> and the u.s. news and world report highlights housing to rent and own is really, really expensive but omits the obvious that people don't make retirement decisions based solely on economic factors and living in the bay area is still reasonable for many folks in state. just five years ago the same report listed san francisco as one of the best places to retire. has that much changed since th
what about the pesky taxes and high costs of living? >> i don't feel like it is a straw that is breaking the camel's back. >> reporter: a financial adviser based out of san francisco who doesn't see many clients who avoid california because of taxes. he says people who move to california do so largely for the lifestyle and recoup the money by not having to travel for hiking and beach trips. >> what are you used to? if you are used to a lower cost structure someplace else it...
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Mar 20, 2013
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>> as mentioned before, tax time is coming up. if you have question wez have people who have answers. >> 7 on your side is here to help. everybody is taking questions right now. michael? >> i'm glad you're there. i'm glad you're helping as soon as we gave out a telephone number, all experts started -- their phones started ringing. we've got 153 and california society of enrolled agents. we have united way joining me. in the name of the program fofr low income folks is... >> what is it that you do? >> a joint pro secretary for -- project for the irs, linked to other organization that's do other things for low income people. >> you make sure they get every last dime and that they're treated well. >> tax return is the first thing z if they have money to save, which many low income people don't anything that can be done for them is done. >> and gempeople get a hold of you how? >> the united way web site. >> i can't tell you all of the great feed back we've received from that. let me give you the telephone number again. we'll be here u
>> as mentioned before, tax time is coming up. if you have question wez have people who have answers. >> 7 on your side is here to help. everybody is taking questions right now. michael? >> i'm glad you're there. i'm glad you're helping as soon as we gave out a telephone number, all experts started -- their phones started ringing. we've got 153 and california society of enrolled agents. we have united way joining me. in the name of the program fofr low income folks is......
SFGTV: San Francisco Government Television
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Mar 13, 2013
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on slide 15 where it talks about fiscal strategies, additional tax fees and other revenues, is that -- does that include the 55 million for the vls? >> it includes an amount that is equal to that, whether or not it would be the vls, i don't know, but it does assume that effective in the 15-16 fiscal year, there would be significant additional revenue of about 55 million dollars. >> okay, and so if you look at the bulk of the increase and the growth in the years, a majority of that is that 55 million, whether it's vls or something else? >> that's correct. >> and so my understanding of the state legislation that senator leno was thankfully able to get there will you, it would be a general tax that goes into the general fund, right? >> that's right, so if the measure were to be -- if a measure related to the vlf would be placed on the ballot in november of 14, it would be available to the city in the subsequent year and would be a general revenue to the city unless it were a measure accompanied it to dedicate it in some way. >> right, so i know -- obviously it's a general tax and it cann
on slide 15 where it talks about fiscal strategies, additional tax fees and other revenues, is that -- does that include the 55 million for the vls? >> it includes an amount that is equal to that, whether or not it would be the vls, i don't know, but it does assume that effective in the 15-16 fiscal year, there would be significant additional revenue of about 55 million dollars. >> okay, and so if you look at the bulk of the increase and the growth in the years, a majority of that...
SFGTV: San Francisco Government Television
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Mar 20, 2013
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now they are so when the politician used to run this city when us we pay every penny to the city in tax and you know our apartments expense active. i can't even have coffee in my car. the government is telling me so for me i'm on my way to hawaii in january january i'm not going to be -- i can't raise my son in this city. for you guys maybe yes. it can be a very good city. for us it's over if this continues. applause. so i'm on my way to paradise thank you very much. >> thank you, sir next speaker please? >> hi my name is brad -- i'm a driver and dispatcher i've seen for a long time i understand their appears to be a demand for more taxis i think the market maybe instead ly growing we've got new businesses coming in i understand that but what i ask you to do to stop us all from bleeding to death. maybe one or 2 hundred medallions at a time 500 could be a blow to our gut. if we're all going to be making less than minimum wage what kind of people are you going to have driving the taxis i don't think it's going to serve the city. that's a win-win the city will win the drivers will be a muc
now they are so when the politician used to run this city when us we pay every penny to the city in tax and you know our apartments expense active. i can't even have coffee in my car. the government is telling me so for me i'm on my way to hawaii in january january i'm not going to be -- i can't raise my son in this city. for you guys maybe yes. it can be a very good city. for us it's over if this continues. applause. so i'm on my way to paradise thank you very much. >> thank you, sir...
SFGTV2: San Francisco Government Television
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Mar 16, 2013
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that if they are here, we have to think through with them as we did with our change in our payroll tax eliminating that to a gross receipts tax but doing it in a way that every industry of our city, is entitiled diswietd to come in and tell us how do they make mundo they make sure in this transition we do it by not hurting any of the industries healthcare, commercial real estate and financial and we solve a lot of problems through that collaboration and so i think by having good pollcies and tight communications with our business community and supporting them when they do create jobs with good idea for them and exciting the employ jesus having reasons for wanting to be in the bay area and best foods and investment in the arts is really helpful because the creative mind want that support from the art commune and we are doing that literally on such a market to attract employees. >> oakland had a good -- on a few year ago on tech companies pandora and -- in terms of headline making companies that seeps to have gone cold recently is that unfair impression or is there something that needs t
that if they are here, we have to think through with them as we did with our change in our payroll tax eliminating that to a gross receipts tax but doing it in a way that every industry of our city, is entitiled diswietd to come in and tell us how do they make mundo they make sure in this transition we do it by not hurting any of the industries healthcare, commercial real estate and financial and we solve a lot of problems through that collaboration and so i think by having good pollcies and...
SFGTV: San Francisco Government Television
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Mar 15, 2013
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it will create more than 20,000 new jobs and will raise hundreds of millions of dollars in new tax revenue. they understand what is important and how to build along the water front in the right way. the chamber supports this development and we urge you to approve the term sheet. thank you. >> some 6 or 7 months before i went on a tour to europe, i was surfing the internet and came across a similar project. i don't know if it's the same project, is it? it might be. so anyway, i invited phil to come to my office and brought some developers that i work with and invited jackson and a few others to have a dialogue. see, what you see here is you see the number of constituents, people that are in the construction business, all say some very positive thing about this project. the reason is very simple. when you reach out to the constituents, when you reach out to those that participate in the deliberations, most things fall in place. so having said that, i would like the developers to focus on demographics. and i would like them to focus on our seniors. i have visited some countries in europe and
it will create more than 20,000 new jobs and will raise hundreds of millions of dollars in new tax revenue. they understand what is important and how to build along the water front in the right way. the chamber supports this development and we urge you to approve the term sheet. thank you. >> some 6 or 7 months before i went on a tour to europe, i was surfing the internet and came across a similar project. i don't know if it's the same project, is it? it might be. so anyway, i invited...
SFGTV2: San Francisco Government Television
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Mar 19, 2013
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of communists and terrorists corruption and -- >> excuse me: >> the current situation calls for new taxes and medallion demand and supply created this business. the evolvement -- san francisco minimum wage and inexperienced drivers are hurting the cities respect ability the city as lost the america's can cup share of the anticipated refer revenue. there is an event tonight. the airport and streets are not able to afford and maintain a lot of what government and employees want for the city the investment isn't there the milking is tell your constituents to pay for the luxuries taxi cabs are a luxury as evidence by demand. if everyone made as much as 10 years ago the story would be very different. the real pig here is real estate that most people cannot afford. the oldest bakery in paris -- now they are no longer open. keep the city respectable and the gem that it is and magnificent applause. >> thank you. my name is mic -- you have spoken already? >> yes. >> the rules of the city of san francisco thank you very much. next speaker please come forward? >> my name is stewart -- i am a driver
of communists and terrorists corruption and -- >> excuse me: >> the current situation calls for new taxes and medallion demand and supply created this business. the evolvement -- san francisco minimum wage and inexperienced drivers are hurting the cities respect ability the city as lost the america's can cup share of the anticipated refer revenue. there is an event tonight. the airport and streets are not able to afford and maintain a lot of what government and employees want for...
SFGTV2: San Francisco Government Television
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new commercial high-rise officials building breaking ground this spring were we passed the business tax reform and bonds to renew our parks and open spaces. for the first time we've got to balanced budget. our budget resources are growing. this summer we welcomed the first north cup race. our beloved giant swept the world series. and our baseballs champions but i like to say we're the champions. and in 6 days our incredible 49ers will take the field with the whole city behind them. my fellow san franciscans i would smut to you our city a vital and strong. this renewed strength of our city and the renewed confidence we're the best city in 2012. the newspapers called us the best place for parks urban parks in the united states and we're among - yeah. go for our parks >> and we're among the smartest cities and the most walkable cities. yes. and continuing the environmental marketplace under our prior mayor we're the green tech capital of north america and the number one for green jobs according to the best magazines and we're also rated highly for losing weight. in the case of san francisc
new commercial high-rise officials building breaking ground this spring were we passed the business tax reform and bonds to renew our parks and open spaces. for the first time we've got to balanced budget. our budget resources are growing. this summer we welcomed the first north cup race. our beloved giant swept the world series. and our baseballs champions but i like to say we're the champions. and in 6 days our incredible 49ers will take the field with the whole city behind them. my fellow...
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Mar 15, 2013
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democrats have pushed a budget that calls for roughly $1 trillion in new tax revenue over ten years. it is expected to head to the senate next week. >>> two hours from now president obama will leave the white house and take his energy reform policy on the road. ktvu kyla campbell is in our washington, d.c. newsroom. we understand you just received new details on the president's energy plan. >> reporter: yeah, pam. president obama wants to set aside $2 billion over the next ten years to give the u.s. what he calls a secure energy future. the president leaves this morning for illinois and will speak at argon national laboratory which conducts research for the u.s. department of energy. in his $2 billion plan. president obama would fund more research. including advance vehicles that run on electricity. he says since he took office renewable electricity generation from wind, solar, and other sources hazardabled. the white house says oil imports are already at a 20- year low but they want to become even less dependent on foreign oil. the administration says the funding is already accounte
democrats have pushed a budget that calls for roughly $1 trillion in new tax revenue over ten years. it is expected to head to the senate next week. >>> two hours from now president obama will leave the white house and take his energy reform policy on the road. ktvu kyla campbell is in our washington, d.c. newsroom. we understand you just received new details on the president's energy plan. >> reporter: yeah, pam. president obama wants to set aside $2 billion over the next ten...
SFGTV: San Francisco Government Television
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Mar 21, 2013
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those small employers can receive a tax credit equal to 50% of the cost of providing health insurance. and they can get that through the exchange. and so it's an opportunity for small employer, even though they are not required to take any action under the affordable care act, if they are interested in doing so, allowing them to do. so because it's clearly the understanding of the federal government and the state that one of the reasons that small employers have been unable to provide health insurance is because affordability and the tax credit makes it more affordable for those employees to offer health insurance that really on par with what a large employer might be able to offer their employee. so that is in a nutshell the key components of the affordable care act. let me first say before delving into some of the questions, there are still a number of unanswered questions around the intersection between the two. the mayor's office, along with the office of small business, department of public health, the office of labor standards and enforcement, has started meetings with city atto
those small employers can receive a tax credit equal to 50% of the cost of providing health insurance. and they can get that through the exchange. and so it's an opportunity for small employer, even though they are not required to take any action under the affordable care act, if they are interested in doing so, allowing them to do. so because it's clearly the understanding of the federal government and the state that one of the reasons that small employers have been unable to provide health...
SFGTV2: San Francisco Government Television
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Mar 16, 2013
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so you may ask yourself we have a portion of the tax increases went through and who knows exactly what congress is going to but it's probably a pretty good guess that we get to the very last minute right before the march 1st effective gate date for the spending cuts and then we get some other short-term extension to add to this made for tv drama that they seem so fond of lately and you wonder where does it get us long term and how are we able to close the gap here the congressional budget office has looked at what they consider to be the most likely outcome of the ongoing negotiations which, is a marshal implementation of these spending cuts and what you see here are two lines. the top line is out lace as a percentage of gdp or government spending as a percentage of gdp and starting today and going out through the end of 2022 and this is a forecast for the next nine years and going below that is rather a new as a% of gdp and what you take way here is what are we dealing with this budget deficit problem for some time if there is a good side to that, if you can continue to grow an econom
so you may ask yourself we have a portion of the tax increases went through and who knows exactly what congress is going to but it's probably a pretty good guess that we get to the very last minute right before the march 1st effective gate date for the spending cuts and then we get some other short-term extension to add to this made for tv drama that they seem so fond of lately and you wonder where does it get us long term and how are we able to close the gap here the congressional budget...
SFGTV2: San Francisco Government Television
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Mar 19, 2013
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is two% it's a little weaker than that in the opt year because you get a slower start because of the tax that weighs on consumer spending in the first couple of quarters inflation is more or less in line with the fed's target rate of roughly two% and i i think we do a farrell decedent job with our forecast and you can tabling me into talking about upside or down side risk here with you there is one line federal funds target rate and i feel confidant about our forecast for that line because the federal reserve is told that is where they are going to keep the short term interest rates between now and 2014 and if you are looking at the ten year rate and wondering when can i expect to put money in a cd or short-term savings account and expect a normal rate of return, unfortunately probably not at anytime in our 44 cast period and if you look at the treasury it closed at one 99 and two% for the last couple of most and is for the next two years it doesn't get above 2.6% and so what we are really saying there is if you look at united states treasuries right now the two biggest buyer of threshys
is two% it's a little weaker than that in the opt year because you get a slower start because of the tax that weighs on consumer spending in the first couple of quarters inflation is more or less in line with the fed's target rate of roughly two% and i i think we do a farrell decedent job with our forecast and you can tabling me into talking about upside or down side risk here with you there is one line federal funds target rate and i feel confidant about our forecast for that line because the...
SFGTV2: San Francisco Government Television
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Mar 16, 2013
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that's our tax base. at a time when tax bases are diminishing income to citizens is diminishing, when you can show them how different it can be, that suddenly makes good business sense to them and they'll dedicate the resources to you. so, that's what's worked for me. (applause) >> anybody else up there? everybody okay with that answer? i think we're pretty grateful here in san francisco that we have a mayor that was actually the director of the department of public works. so, we know he's totally on top of it and involved. do you have another question? >> this isn't geared towards any particular speaker, but it is geared towards abatement. we have an annual volunteer event where graffiti is removed city-wide. in an effort to encourage youth to participate we are considering a flash mob where all volunteers will abate graffiti at the same time on the same day along major thoroughfares. is this a good idea or does it detract from the issue? thoughts? okay, yes. >> that's a great question. >> thank you. my
that's our tax base. at a time when tax bases are diminishing income to citizens is diminishing, when you can show them how different it can be, that suddenly makes good business sense to them and they'll dedicate the resources to you. so, that's what's worked for me. (applause) >> anybody else up there? everybody okay with that answer? i think we're pretty grateful here in san francisco that we have a mayor that was actually the director of the department of public works. so, we know...
SFGTV2: San Francisco Government Television
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Mar 19, 2013
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mobile innovations directly improve the tax experience in san francisco by being able to hail a cab through a smart phone, establish system, investing record sum of money over 200 million to improve local taxi service; the private market is working with great velocity. -- quite frankly we believe that city managed ehailing efforts will kill taxi innovation in san francisco. it one of the competitors rolled out a new feature would could concentrate new resources to bring that feature to market. since features are not defensible and supply would be controlled the only path to profitability for companies like taxi magic is price competition; overtimes eroded by the player who can afford to-- the sfmta can improve the taxi market by placing more caps on the street, working with existing technology providers. >> thank you. >> (calling names) >> good afternoon. >> also it's not going to be relevant to the subject, i thought we would be discussing the issue of having electronic weigh bills which is finished and done with, i want to express my opposition; we don't need anybody to bake through our i
mobile innovations directly improve the tax experience in san francisco by being able to hail a cab through a smart phone, establish system, investing record sum of money over 200 million to improve local taxi service; the private market is working with great velocity. -- quite frankly we believe that city managed ehailing efforts will kill taxi innovation in san francisco. it one of the competitors rolled out a new feature would could concentrate new resources to bring that feature to market....